Australian (ASX) Stock Market Forum

What Made You Become A Share Trader?

Bloody hell nioka. Glad to see you can also give a tong in cheek response all the seriousness it deserves :eek:
 
To make money while I was at uni.

Had a knack so kept going.

Enjoy having your own hours too
 
The answer to that question is ........

no



LOL Sam76 you took me right back there for a while

used to have an Auditor come up from Queensland, a couple of times a year, He would sit in the corner of the office beavering away, but periodically he would say, to no one in particular

" and the answer is ........ A Lemon,..............A... Lemon"

just like one of those very early radio quiz shows, and every one in the office would crack right up
 
My parents put around $500 into a company so they could get cheaper fertilizer for the farm, back in the late 80's or early 90's. They didnt even look at it until earlier this year, thinking they could use that money to put towards their property as my Dad was forced into early retirement. That original $500 turned into $75,000 and it paid off the rest of their property.
 
My parents put around $500 into a company so they could get cheaper fertilizer for the farm, back in the late 80's or early 90's. They didnt even look at it until earlier this year, thinking they could use that money to put towards their property as my Dad was forced into early retirement. That original $500 turned into $75,000 and it paid off the rest of their property.

Was this in Pivot? A Farmers cooperative taken over by Incitec in 2003.
 
Great story Gav.

Was it IPL?(were they around then?)

Was this in Pivot? A Farmers cooperative taken over by Incitec in 2003.

Indeed it was. I guess mentioning my parents were farmers gave away the company in a way... I have watched my parents work their butts off their entire lives, getting up at 4am 7 days per week, then 5yrs before they plan to retire Dad got hit by a car and can now barely move. It has been heartbreaking, and if it wasnt for that investment, they may have lost the property.

I am a low income earner too, never really tried to save before - only make enough to pay the bills (my hobby of bodybuilding is quite expensive too). I now make a conscious effort to put away something every month, even if its only a couple of hundred. Trading with a small amount (compared to others), but hopefully I can make that grow
 
Trading with a small amount (compared to others), but hopefully I can make that grow

Nice story Gav... I think the Australian people do not know really understand the hardship our farmers go through....

Good luck with your trading... may you find a $500 gem that turns into $75,000 yourself :)
 
To be financially free and to accumulate enough capital. Yep, greeeeeeeeeed!!!!

Though the chick does not come into my equation. It's already quite easy to get them without $$$. :D

Seriously, trading is not my true passion. Building a successful business is my, but I haven't found the industry yet and to be realistic, i need plenty of capital to account for failing many times in the process.
 
Hi,

That ain't workin' that's the way you do it

Get your money for nothin' get your chicks for free

:cautious::cautious::p:


Why else????

brty
 
I started because when I was little, I asked my dad what a share was, he told me that it was a piece of a company and that I could buy that piece.

This sparked intrigue and I have been following the markets ever since.

Now I am saving for a ticket to space
 
My father and grandfather have always been into shares, ever since I was old enough to understand what they are I have been hooked too, even though I'm still 19 and learning ALOT, especially with the current market, I hopefully one day can manage to do JUST trading or at least have it as a solid backup to my primary job. I love the thought that you can sit at home and make just as much in about half hour as some people make in a week......I have a long way to go yet though, I think its best to just sit and watch at the moment and play around with some demo accounts :)

I thought too that because I am so young, I have plenty of time to learn it back to front and get it right, plus I think its a good thing to be experiencing the market like this, instead of getting into it later in life when its a solid up or down market and alot easier to make money, important to know that it can bite you hard.
 
Had to find out what all the fuss was about. Now I know, would'nt have it any other way.
 
To pay off my student loan with the idea of quick money, instead lost around 50% of the capital, now in a recovery mode.
 
I thought I could make some extra $$$ as I already work from home as a web developer, sitting in front of a few computers all day.

Read a lot of books on investing and trading while on the road in my days of being in a touring rock band.
 
wow sam...
its good to see you into your shares and investment at such a young age...
ive been in 5 years now, and Ive never seen anything like this... now I know for next time... this time we even got the warning bells, and last year I did sell out, only to reenter and get stubborn on a really good stock about 10 weeks ago that is very speical but has been delaying because of timing of its projects have been delayed... this has allowed the market to kick it to 16c...
I have a student loan to pay, that I hope is not lost on the market..
still three quarters covered now...
:cool:
.^sc
 
I started out the wrong way and by accident. About 8 yrs ago I got a phone call from Thailand - some brokerage offering to make me a fortune on FX if I sent them my money. No way was I sending money to some international cold caller. I'd never even thought about investing beyond "negative gearing on a house" prior to those phone calls. It did start me thinking though so I jumped online and found FXCM. Mucked around with some demo accounts, had no idea what I was doing, went live, blew my account and was hooked :D. I did have the sense to step back and think though. Started again, very small with aussie shares. Bought every book I could find, started the Holy Grail search and eventually discovered it in the "boring" bits: positive expectancy, risk/reward, money management etc.

But now I know I am a trader. It's not something I do. It's something I am.
 
Top